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Physical Security Market Expected to Reach USD 158.79 Billion by 2022 - Scalar Market Research
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The global physical security market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key players, premium insights, technology trends and forecast to 2022. It also focuses on the key drivers and opportunities in this market.
Transportation expected to be the fastest-growing end-user segment
According to the, report, transportation is expected to be the fastest-growing end-user segment in the global physical security market. The commercial sector on the other hand is expected to dominate the global market for physical security by overall market share. The rising demand, growing security threats, and the advancing technologies are expected to be some of the major driving factors for these regions during the forecast period.
Asia-Pacific expected to grow at the fastest CAGR
According to the report, the rapid rise from the emerging markets is expected to grow the demand for the global physical security market. The report expects the Asia-pacific region to grow at the fastest rate during the forecast period while the North America region is expected to hold the largest share of the overall market. The growing investments in hybrid solutions and the rising adoption of cloud-based data storage are expected to be some of the major growth drivers for this market during the forecast period.
The physical security market report provides analysis of the key players, including:
1. Bosch Security Systems Inc.
2. HikVision Digital Technology Co., Ltd.
3. Tyco International Ltd
4. Siemens AG
5. Honeywell Security Group
6. ADT
7. SECOM Co., Ltd.
8. Stanley Security Solutions
9. United Technologies Corporation
10. G4S Technology
Browse Report Summary: https://www.scalarmarketresearch.com/market-reports/physical-security-market
About Scalar Market Research
Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
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